About HealthBeacon
HealthBeacon is a company based in Dublin (Ireland) founded in 2014 was acquired by Hamilton Beach Brands in February 2024.. HealthBeacon has raised $27.79 million across 7 funding rounds from investors including Cantor, Enterprise Ireland and Elkstone. HealthBeacon offers products and services including Smart Sharps Bin, ICMS, and HB Companion App. HealthBeacon operates in a competitive market with competitors including Spencer Health Solutions, Pillo health, Hero, Pillsy and Pilloxa, among others.
- Headquarter Dublin, Ireland
- Stage Public
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Health Beacon Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.79 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Cantor
& 8 more
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Employee Count
Employee Count
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Acquired by
Hamilton Beach Brands
(Feb 05, 2024)
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Products & Services of HealthBeacon
HealthBeacon offers a comprehensive portfolio of products and services, including Smart Sharps Bin, ICMS, and HB Companion App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for tracking injections and managing sharps disposal safely.
Platform for monitoring medication adherence and providing support.
App for viewing injection history and personalized patient data.
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Funding Insights of HealthBeacon
HealthBeacon has successfully raised a total of $27.79M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(09 Feb 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Post-IPO - HealthBeacon | Valuation |
investors |
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| Sep, 2021 | Amount | Series A - HealthBeacon | Valuation | Elkstone |
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| Nov, 2020 | Amount | Series A - HealthBeacon | Valuation | Elkstone , Oyster Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HealthBeacon
HealthBeacon has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Cantor, Enterprise Ireland and Elkstone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of wealth management and portfolio management services
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HealthBeacon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HealthBeacon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Healthbeacon Comparisons
Competitors of HealthBeacon
HealthBeacon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spencer Health Solutions, Pillo health, Hero, Pillsy and Pilloxa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Devices and apps for medication adherence are provided.
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| domain | founded_year | HQ Location |
Smart devices for medication adherence management are provided.
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| domain | founded_year | HQ Location |
Hero is focused on smart medication management solutions.
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| domain | founded_year | HQ Location |
Smart pill container and app
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| domain | founded_year | HQ Location |
A smart pillbox is employed for medication adherence and tracking.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Healthbeacon
Frequently Asked Questions about HealthBeacon
When was HealthBeacon founded?
HealthBeacon was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is HealthBeacon located?
HealthBeacon is headquartered in Dublin, Ireland.
Is HealthBeacon a funded company?
HealthBeacon is a funded company, having raised a total of $27.79M across 7 funding rounds to date. The company's 1st funding round was a Series A of $6.52M, raised on Feb 09, 2016.
What does HealthBeacon do?
HealthBeacon was founded in 2014 in Dublin, Ireland, within the health technology sector. A smart sharps system is offered by the company to support patients in managing self-injectable medications at home. Safe needle disposal is facilitated through a designed medical waste bin. Personalized injection routines are tracked, and reminders are sent to users for adherence. Operations focus on home-based healthcare solutions in the medical devices industry.
Who are the top competitors of HealthBeacon?
HealthBeacon's top competitors include Spencer Health Solutions, Pillo health and Hero.
What products or services does HealthBeacon offer?
HealthBeacon offers Smart Sharps Bin, ICMS, and HB Companion App.
Who are HealthBeacon's investors?
HealthBeacon has 9 investors. Key investors include Cantor, Enterprise Ireland, Elkstone, Hamilton Beach Brands, and Tommy Kelly.